In the embryonic stage of the industry life cycle,a company's investment needs are low because the market is generally quite small.

Name: In the embryonic stage of the industry life cycle,a company's investment needs are low because the market is generally quite small.
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Question

Quizplus · Accepted Answer

In the embryonic stage, a company's investment needs are typically high due to the need for research and development, market education, and establishing infrastructure, despite the market being small.

In the Embryonic Stage of the Industry Life Cycle,a Company's